14.01.2005 21:21:00
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Noranda and Century Aluminum Appoint Parviz Farsangi as President and
News Editors
TORONTO--(BUSINESS WIRE)--Jan. 14, 2005--Noranda Aluminum Inc. (TSX:NRD)(NYSE:NRD) and Century Aluminum Company (NASDAQ:CENX) announced today the appointment of Parviz Farsangi as President and General Manager of jointly-owned Gramercy Alumina, LLC and St. Ann Bauxite, Ltd.
Mr. Farsangi will report to the Board of Managers of Gramercy Alumina and St. Ann Bauxite. He will be responsible for the operation of both sites.
Previously, Mr. Farsangi was General Manager of Falconbridge Limited's Sudbury Mines/Mill business unit where he led the management team and implemented strategies to achieve safe, productive, profitable and environmentally responsible results.
Noranda and Century completed the acquisition of the Gramercy alumina plant in Gramercy, Louisiana, and related bauxite assets in Jamaica from Kaiser Aluminum & Chemical Corp. in October 2004.
Noranda Inc. is a leading copper and nickel company with investments in fully-integrated zinc and aluminum assets. The Company's primary focus is the identification and development of world-class copper and nickel mining deposits. It employs 15,000 people at its operations and offices in 19 countries and is listed on The New York Stock Exchange and The Toronto Stock Exchange (NRD). The company's web site can be found at www.noranda.com.
Century owns 615,000 metric tons per year (mtpy) of primary aluminum capacity. The company owns and operates a 244,000-mtpy plant at Hawesville, KY, a 170,000-mtpy plant at Ravenswood, WV and a 90,000-mtpy plant at Grundartangi, Iceland. Century also owns a 49.67-percent interest in a 222,000-mtpy reduction plant at Mt. Holly, SC. Alcoa Inc. owns the remainder and is the operating partner. In addition, Century holds a 50 percent share of the 1.25-mtpy Gramercy Alumina Plant in Gramercy, LA. Century's corporate offices are located in Monterey, CA.
Century Aluminum Company (NASDAQ:CENX)
Century Aluminum Company (NASDAQ:CENX)
Noranda Inc. (TSX:NRD) (NYSE:NRD)
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CONTACT: Noranda Inc. - Denis Couture Vice-President, Investor Relations, Communications and Public Affairs (416) 982-7020 denis.couture@toronto.norfalc.com www.noranda.com OR Century Aluminum Company Michael Dildine Director, Corporate Communications (831) 642-9364 mdildine@centuryca.com www.centuryca.com
KEYWORD: CALIFORNIA LOUISIANA INTERNATIONAL CANADA EUROPE INDUSTRY KEYWORD: MINING/METALS MANAGEMENT CHANGES SOURCE: Noranda Inc.
Copyright Business Wire 2005
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